2008 - 2009 Federal Stafford Loan Limits
|
Dependent Undergraduate Student |
Independent Undergraduate Student |
Graduate and Professional Student
|
Freshman year (0-29 credit hrs) |
$5500 (maximum subsidized $3500) |
$9,500 – No more than $3500 of this amount may be in subsidized loans |
|
Sophomore year (30-59 credit hrs) |
$6500 (maximum subsidized $4500) |
$10500 - No more than $4500 of this amount may be in subsidized loans |
$20,500 - No more than $8500 of this amount may be in subsidized loans and $12,000 unsubsidized |
Junior & Senior year (60-89 JR credit hrs) (90 & more SR credit hrs) |
$7500 (maximum subsidized $5500 |
$12,500 - No more than $5500 of this amount may be in subsidized loans |
|
Maximum Total Debt From Stafford Loans When You Graduate |
$31,500 (maximum subsidized $23,000) |
$57,500 - No more than $23,000 of this amount may be in subsidized loans
|
$138,500 - No more than $65,500 of this amount may be in subsidized loans. The graduate debt limit includes Stafford Loans received for undergraduate study. |